Market News

City Office Reit (CIO) Shareholder First Heartland Consultants Has Cut Its Position; Piedmont Investment Advisors Increases Position in Barnes Group Com (B)

First Heartland Consultants Inc decreased its stake in City Office Reit Inc (CIO) by 73.72% based on its latest 2017Q3 regulatory filing with the SEC. First Heartland Consultants Inc sold 33,375 shares as the company’s stock declined 6.92% while stock markets rallied. The institutional investor held 11,897 shares of the consumer services company at the end of 2017Q3, valued at $164,000, down from 45,272 at the end of the previous reported quarter. First Heartland Consultants Inc who had been investing in City Office Reit Inc for a number of months, seems to be less bullish one the $383.89 million market cap company. The stock decreased 0.09% or $0.01 during the last trading session, reaching $10.66. About 109,486 shares traded. City Office REIT, Inc. (NYSE:CIO) has risen 7.65% since February 20, 2017 and is uptrending. It has underperformed by 9.05% the S&P500.

Piedmont Investment Advisors Llc increased its stake in Barnes Group Inc Com (B) by 182.53% based on its latest 2017Q3 regulatory filing with the SEC. Piedmont Investment Advisors Llc bought 19,717 shares as the company’s stock rose 8.42% with the market. The institutional investor held 30,519 shares of the capital goods company at the end of 2017Q3, valued at $2.15 million, up from 10,802 at the end of the previous reported quarter. Piedmont Investment Advisors Llc who had been investing in Barnes Group Inc Com for a number of months, seems to be bullish on the $3.34B market cap company. The stock decreased 2.53% or $1.62 during the last trading session, reaching $62.33. About 109,515 shares traded. Barnes Group Inc. (NYSE:B) has risen 67.01% since February 20, 2017 and is uptrending. It has outperformed by 50.31% the S&P500.

Analysts await City Office REIT, Inc. (NYSE:CIO) to report earnings on March, 1. They expect $0.27 EPS, up 17.39% or $0.04 from last year’s $0.23 per share. CIO’s profit will be $9.72 million for 9.87 P/E if the $0.27 EPS becomes a reality. After $0.19 actual EPS reported by City Office REIT, Inc. for the previous quarter, Wall Street now forecasts 42.11% EPS growth.

Investors sentiment increased to 1.61 in Q3 2017. Its up 0.14, from 1.47 in 2017Q2. It is positive, as 9 investors sold CIO shares while 22 reduced holdings. 18 funds opened positions while 32 raised stakes. 16.96 million shares or 8.03% more from 15.70 million shares in 2017Q2 were reported. 1,200 were accumulated by Credit Agricole S A. State Of New Jersey Common Pension Fund D reported 0.02% stake. Opus Gru Ltd Company has 0.71% invested in City Office REIT, Inc. (NYSE:CIO). Deutsche Financial Bank Ag invested in 60,398 shares or 0% of the stock. First Heartland Consultants holds 0.04% of its portfolio in City Office REIT, Inc. (NYSE:CIO) for 11,897 shares. Silvercrest Asset Mngmt Group Inc Ltd holds 412,683 shares. Bankshares Of Montreal Can has invested 0% in City Office REIT, Inc. (NYSE:CIO). Credit Suisse Ag holds 0% in City Office REIT, Inc. (NYSE:CIO) or 19,401 shares. Da Davidson And has 598,669 shares. Strs Ohio holds 0% or 8,600 shares. Guggenheim Capital Llc holds 0% or 20,786 shares in its portfolio. Bessemer holds 68,500 shares or 0% of its portfolio. Seabridge Invest Advisors Llc invested in 1,650 shares. Principal Gp Inc reported 1.10M shares stake. State Board Of Administration Of Florida Retirement holds 0% of its portfolio in City Office REIT, Inc. (NYSE:CIO) for 13,140 shares.

Among 6 analysts covering City Office REIT (NYSE:CIO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. City Office REIT had 12 analyst reports since August 19, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Oppenheimer on Wednesday, August 19. Deutsche Bank maintained City Office REIT, Inc. (NYSE:CIO) rating on Monday, July 18. Deutsche Bank has “Buy” rating and $15 target. On Thursday, May 12 the stock rating was maintained by Compass Point with “Buy”. As per Friday, August 5, the company rating was maintained by Wunderlich. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, January 10 report. The company was upgraded on Monday, August 24 by Zacks. The stock of City Office REIT, Inc. (NYSE:CIO) earned “Buy” rating by Deutsche Bank on Tuesday, May 31. The stock has “Buy” rating by Compass Point on Friday, August 5.

First Heartland Consultants Inc, which manages about $867.76M and $411.18M US Long portfolio, upped its stake in Spdr Series Trust (CWB) by 14,383 shares to 21,904 shares, valued at $1.12M in 2017Q3, according to the filing. It also increased its holding in Ishares (IEF) by 2,979 shares in the quarter, for a total of 112,218 shares, and has risen its stake in Ishares (IJK).

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.13, from 1.12 in 2017Q2. It improved, as 13 investors sold B shares while 74 reduced holdings. 42 funds opened positions while 67 raised stakes. 45.71 million shares or 1.16% more from 45.18 million shares in 2017Q2 were reported. Gemmer Asset Management Ltd Co reported 0.01% stake. Grantham Mayo Van Otterloo And Com Limited Liability Corporation reported 0% in Barnes Group Inc. (NYSE:B). The New Jersey-based Bessemer Grp has invested 0% in Barnes Group Inc. (NYSE:B). First Bancshares Of Omaha, a Nebraska-based fund reported 25,770 shares. Martingale Asset Mngmt Limited Partnership invested in 0% or 3,611 shares. Piedmont Advisors Lc reported 30,519 shares. King Luther Mngmt reported 0.13% of its portfolio in Barnes Group Inc. (NYSE:B). Bancshares Of America Corporation De holds 5.35M shares or 0.06% of its portfolio. 80,606 were accumulated by Aqr Capital Mgmt Limited Com. Deutsche Bancorporation Ag holds 0% or 53,044 shares in its portfolio. State Street has invested 0.01% in Barnes Group Inc. (NYSE:B). Virginia Retirement Et Al holds 0.02% or 24,300 shares. Argyle Cap Mgmt Incorporated has 13,000 shares. Cortina Asset Management Llc has invested 0.15% in Barnes Group Inc. (NYSE:B). Texas Permanent School Fund invested 0.03% in Barnes Group Inc. (NYSE:B).

Leave a Reply

Your email address will not be published. Required fields are marked *